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REG - Air China Ld - ANNOUNCEMENT ON KEY OPERATING DATA OF OCTOBER 2024

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RNS Number : 5862M  Air China Ld  18 November 2024

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong
Limited take no responsibility for the contents of this announcement, make no
representation as to its accuracy or completeness and expressly disclaim any
liability whatsoever for any loss howsoever arising from or in reliance upon
the whole or any part of the contents of this announcement.

 

 

中國國際航空股份有限公司

AIR CHINA LIMITED

(a joint stock limited company incorporated in the People's Republic of China
with limited liability)

(Stock Code: 00753)

 

 

ANNOUNCEMENT ON KEY OPERATING DATA OF OCTOBER 2024

 

The enclosed announcement (the "SSE Announcement") was published by Air China
Limited ("Air China") on the Shanghai Stock Exchange on 15 November 2024,
which contains combined operating data for October 2024 for Air China and its
subsidiaries (collectively, the "Group"). This announcement enclosing the SSE
Announcement is made by Air China pursuant to Rules 13.09 and 13.10B of the
Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong
Limited (the "Listing Rules") and the Inside Information Provisions (as
defined in the Listing Rules) under Part XIVA of the Securities and Futures
Ordinance (Chapter 571 of the Laws of Hong Kong).

 

The data in the enclosed SSE Announcement was calculated based on the internal
statistics of the Group, which may differ from the data disclosed in the
relative periodic reports. Investors are hereby reminded of the risks which
may result from inappropriate reliance upon or utilization of the information
given above.

 

By Order of the Board

Air China Limited

Xiao Feng    Huen Ho Yin

Joint Company Secretaries

 

Beijing, the PRC, 15 November 2024

 

As at the date of this announcement, the directors of the Company are Mr. Ma
Chongxian, Mr. Wang Mingyuan, Mr. Cui Xiaofeng, Mr. Patrick Healy, Mr. Xiao
Peng, Mr. He Yun*, Mr. Xu Junxin* and Ms. Winnie Tam Wan-chi*.

 

*    Independent non-executive director of the Company

SSE ANNOUNCEMENT

 

The SSE Announcement is written in Chinese, with no official English
translation. The English translation is provided solely for reference only. In
case of any discrepancy between the two versions, the Chinese version shall
prevail. The full version of the SSE Announcement is as follows:

 

AIR CHINA LIMITED

ANNOUNCEMENT ON KEY OPERATING DATA OF OCTOBER 2024

 

In October 2024, Air China Limited (the "Company") and its subsidiaries (the
"Group") recorded a year-on-year increase in combined passenger traffic
(measured by revenue passenger kilometers (the "RPK")). Passenger capacity
(measured by available seat kilometers (the "ASK")) recorded a year-on-year
increase of 14.5%, passenger traffic recorded a year-on-year increase of
22.1%. Among which, for domestic routes, passenger capacity increased by 3.0%
year on year, and passenger traffic increased by 11.5% year on year. For
international routes, passenger capacity increased by 55.5% year on year, and
passenger traffic increased by 65.4% year on year. For regional routes,
passenger capacity increased by 30.2% year on year, and passenger traffic
recorded an increase of 35.8% year on year. The passenger load factor was
81.9%, representing an increase of 5.1 percentage points as compared to the
same period last year. Among which, the passenger load factor for domestic
routes increased by 6.5 percentage points year on year, the passenger load
factor for international routes increased by

4.5 percentage points year on year, and the passenger load factor for regional
routes increased by 2.9 percentage points year on year.

 

In terms of cargo operations, cargo capacity (measured by available freight
tonne kilometers (the "AFTK")) increased by 20.3% year on year. Cargo and mail
traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased
by 35.5% year on year. The cargo load factor was 37.3%, representing a
year-on-year increase of 4.2 percentage points.

 

Starting from 27 October 2024, the Company added Shanghai Pudong - Hanoi route
(seven flights per week).

 

In October 2024, the Group introduced one ARJ21-700 aircraft. As at the end of
October 2024, the Group operated a fleet of 925 aircraft, including 406
self-owned aircraft, 223 aircraft under finance lease and 296 aircraft under
operating lease.

The following table sets forth key operating data of October 2024:

 

                                                                                                              Year-on-Year Cumulative Change (%)1

                                         Year-on-Year Change (%)1   Month-on-Month Change (%)1   Cumulative

                          October 2024                                                           2024
 I. Capacity
 1. ATK (in million)2     3,953.0        16.2                       7.3                          37,288.0     23.8
 Domestic                 2,550.2        2.6                        8.1                          24,649.1     2.6
 International            1,293.1        54.9                       5.1                          11,602.9     116.1
 Regional                 109.8          34.2                       14.3                         1,036.1      43.6
 2. ASK (in million)(3)   30,706.1       14.5                       4.2                          298,855.8    20.8
 Domestic                 21,260.8       3.0                        4.4                          211,733.9    2.7
 International            8,554.6        55.5                       2.9                          78,473.2     122.3
 Regional                 890.8          30.2                       10.8                         8,648.7      45.2
 3. AFTK (in million)(4)  1,184.7        20.3                       15.0                         10,354.2     32.3
 Domestic                 636.9          1.4                        20.5                         5,601.1      2.2
 International            522.0          53.6                       8.4                          4,532.9      107.1
 Regional                 25.8           49.3                       26.4                         220.2        41.5
 II. Traffic
 1. RTK (in million)(5)   2,671.3        24.2                       7.4                          24,880.9     36.6
 Domestic                 1,755.3        12.2                       7.6                          16,496.6     13.7
 International            850.8          58.0                       6.4                          7,747.6      135.0
 Regional                 65.3           39.7                       14.3                         636.7        55.3
 2. RPK (in million)(6)   25,133.9       22.1                       7.1                          239,380.7    32.5
 Domestic                 18,142.8       11.5                       9.1                          172,980.3    13.2
 International            6,358.4        65.4                       1.0                          60,124.6     151.6
 Regional                 632.7          35.8                       15.0                         6,275.8      55.2
 3. RFTK (in million)(7)  442.0          35.5                       11.7                         3,879.5      66.2
 Domestic                 150.6          19.4                       0.2                          1,357.1      23.2
 International            285.0          44.8                       18.9                         2,466.6      105.3
 Regional                 6.4            92.2                       9.5                          55.7         77.6

                                                                                                                                     Year-on-Year Cumulative Change (%)1

                                                               Year-on-Year Change (%)1   Month-on-Month Change (%)1   Cumulative

                                                October 2024                                                           2024
 4. Number of Passengers carried (in thousand)

                                                13,835.6       18.1                       9.7                          131,171.6     22.2
 Domestic                                       12,035.3       13.5                       10.3                         113,783.7     13.9
 International                                  1,403.4        72.4                       3.1                          13,452.8      172.3
 Regional                                       396.9          34.3                       14.8                         3,935.1       55.3
 5. Total Cargo and Mail carried (in tonnes)

                                                137,558.5      27.9                       7.0                          1,206,897.1   40.8
 Domestic                                       91,486.2       19.6                       3.1                          805,823.3     21.5
 International                                  42,016.4       46.1                       16.3                         366,089.8     111.0
 Regional                                       4,055.9        75.4                       10.9                         34,984.0      67.4
 III. Load Factor
 1. Passenger Load Factor (%)8                  81.9           5.1                        2.2                          80.1          7.1
 Domestic                                       85.3           6.5                        3.6                          81.7          7.6
 International                                  74.3           4.5                        -1.4                         76.6          8.9
 Regional                                       71.0           2.9                        2.6                          72.6          4.7
 2. Cargo and Mail Load Factor (%)9

                                                37.3           4.2                        -1.1                         37.5          7.6
 Domestic                                       23.6           3.6                        -4.8                         24.2          4.1
 International                                  54.6           -3.3                       4.8                          54.4          -0.5
 Regional                                       24.9           5.6                        -3.8                         25.3          5.1
 3. Overall Load Factor (%)(10)                 67.6           4.4                        0.1                          66.7          6.2
 Domestic                                       68.8           5.9                        -0.3                         66.9          6.5
 International                                  65.8           1.3                        0.8                          66.8          5.4
 Regional                                       59.5           2.3                        0.0                          61.5          4.6

Notes:

 

1.       Change is expressed in percentage in terms of "Capacity" and
"Traffic", and is expressed in percentage points in terms of "Load Factor"

 

2.       "ATK(s)" refers to the number of tonnes of capacity available
for transportation multiplied by the kilometers flown

 

3.       "ASK(s)" refers to the number of seats available for sale
multiplied by the kilometers flown

 

4.       "AFTK(s)" refers to the number of tonnes of capacity available
for the carriage of cargo and mail multiplied by the kilometers flown

 

5.       "RTK(s)" refers to the revenue load (passenger and cargo) in
tonnes multiplied by the kilometers flown

 

6.       "RPK(s)" refers to the number of revenue passengers carried
multiplied by the kilometers flown

 

7.       "RFTK(s)" refers to the revenue cargo and mail load in tonnes
multiplied by the kilometers flown

 

8.       "Passenger Load Factor" refers to revenue passenger kilometers
expressed as a percentage of available seat kilometers

 

9.       "Cargo and Mail Load Factor" refers to revenue freight tonne
kilometers expressed as a percentage of available freight tonne kilometers

 

10.     "Overall Load Factor" refers to RTKs expressed as a percentage of
available tonne kilometers

 

The key operating data above was calculated based on the internal statistics
of the Group, which may differ from the data disclosed in the relative
periodic reports. Investors are hereby reminded of the risks which may result
from inappropriate reliance upon or utilization of the information given
above.

 

Board of Directors of Air China Limited

Beijing, the PRC, 15 November 2024

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